What the hell is he looking at? My indicator says we'll see sideways action with a minor upward bias 2.0355 is next resistance and at that point I'll be looking for a great short. GL>
Maybe he's using the "Bullshit n Bear Method". Other than that explanation he's probably just another micro account piker. Worst than these idiots who are making these horrible calls are those that take them seriously.
I would agree with you and matt24spfl especially on the last part if it were about people like the ones you mention. However, with nik1033 that is not true. You might want to check the price action @ the time of his post. my 5 min chart shows 2.0100 to 2.0086. It was ranging about 30 pips from 85 to 110. After that it dropped to a low of 74....he had the direction correct for about 4 hours, so was his call really that bad? If you take the time to read nik1033's post in this thread and evaluate them all. I believe you will arrive @ a different frame of thinking about him. He normally does pretty well at his calls, lately he has been off on a few but not enough to throw him in with the group you mention or to berate him.
Thank you for your honest comment. But generaly it is your problem. You have asked me about explanation of my method and after basics I've described you remain dissatisfied. If I say 'target' then I mean level which is definitely to be reached according to my system... Do not use my approx pivots as strict goals....if I targeted level and market is going in opposite direction I even mention then I stopped.... Post your targets in the thread .....then we can compare 'methods'... Nevertheless good luck!